Actions under delegated authority

Actions taken during the week ending March 19, 2016

Bank Branches, Domestic

Kansas City

RCB Bank, Claremore, Oklahoma -- to establish a branch at 333 West Boyd Street, Norman.
-Approved, March 18, 2016

Chicago

VisionBank of Iowa, Ames, Iowa -- to establish a branch at 1255 Jordan Creek Parkway, West Des Moines.
-Approved, March 17, 2016

Bank Holding Companies

Atlanta

Commercial Bancgroup, Inc., Harrogate, Tennessee -- to acquire National Bank of Tennessee, Newport; and for Commercial Bancgroup's subsidiary, Commercial Bank, Harrogate, to merge with National Bank of Tennessee.
-Approved, March 17, 2016

Minneapolis

Mackinac Financial Corporation, Manistique, Michigan -- to acquire The First National Bank of Eagle River, Eagle River, Wisconsin.
-Approved, March 17, 2016

Bank Mergers

Richmond

Select Bank, Forest, Virginia -- to acquire certain assets and assume certain liabilities of the Bedford branch of The Bank of Fincastle, Fincastle.
-Approved, March 17, 2016

Bank Premises

Richmond

The Bank of Marion, Marion, Virginia -- to increase its investment in bank premises.
-Approved, March 15, 2016

Banks, State Member

Director, BS&R

Manufacturers and Traders Trust Company, Buffalo, New York -- to make a public welfare investment.
-Approved, March 15, 2016

Change in Bank Control

Kansas City

Arlington State Banc Holding Company, Blair, Nebraska -- change in bank control of Arlington State Banc Holding Company and its subsidiary, Two Rivers State Bank, Blair.
-Permitted, March 15, 2016

Dallas

Bastrop Bancshares, Inc., Bastrop, Texas -- change in bank control of Bastrop Bancshares, Inc., and its subsidiary, First National Bank of Bastrop, Bastrop.
-Permitted, March 18, 2016

Extensions of Time

Richmond

BB&T Corporation, Winston-Salem, North Carolina -- extension to April 22, 2016, to acquire National Penn Bancshares, Inc., Allentown, Pennsylvania, and thereby acquire National Penn Bank.
-Granted, March 17, 2016

Director, BS&R

Citigroup Inc., New York, New York -- extension of time to divest certain properties held by indirect subsidiaries in Mexico and El Salvador.
-Granted, March 18, 2016